Part 7Income charged under this Act: rent-a-room and qualifying care relief

Chapter 1Rent-a-room relief

Relief if amount does not exceed limit

792Full rent-a-room relief: trading income

(1)

This section applies if the individual has any rent-a-room receipts for the tax year which would otherwise be brought into account in calculating the profits of a trade.

(2)

The profits or losses of the trade for the tax year are treated as nil.